1048 Lafond Avenue
Saint Paul, MN 55104
3029 sqft | #6633562
Description
This 1940s triplex offers a great investment opportunity or the perfect owner-occupied home with rental income. Situated on a double lot, this property has 5 beds, 3 baths, 2 car detached garage and 1 car attached garage. Several major updates have been completed over the past 2 years. New roof (2023), new plumbing in all units (2024), new deck (2024), fully renovated lower unit (2024) and a newer boiler. The lower level is a 1-bed/1-bath unit and is currently vacant. The 1st floor is a 2-bed/1-bath unit occupied by a long-term Section 8 tenant, paying $1,500 per month with a lease through October 2025. The upper unit is a 2-bed/1-bath and rents for $1,100 per month with a lease through March 2025. Don't miss this rare opportunity to own a triplex with stable cash flow and recent updates—ideal for both investors and owner-occupants looking to offset their mortgage with rental income.
Interior Details
- HeatingForced Air
Property Details
- Square Feet3029
Parking
- Parking FeaturesAttached Garage, Detached
- Parking TypeGarage
- Parking Spaces3
Construction Details
- Basement DescriptionFinished, Full, Walkout
- Property TypeMulti-Family
- Basement1
- Basement Finished1
Condition
- Year Built1948
Material information
- RoofAge 8 Years or Less
Utilities / Energy Details
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
Community and Neighborhood Details
- SubdivisionJohn A Cokes Add To, St
Location
- School DistrictSt. Paul
- CountyRamsey
Financial Details
- Taxes Annual$5,160
- Days on Market (Cumulative)1
Other
- MLS #6633562
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Lisa Proechel (#NST506094338)
Listing Office: Keller Williams Integrity Realty (#NST10071)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.